What Is Group Benefits Insurance?
A group insurance plan offers your business special rates on coverage for your workforce.
This eliminates the need for employees to purchase private insurance and often provides better coverage
than provincial health care plans. Group policies adapt to your company’s size and generally include:
- Health and dental insurance
- Group life insurance
- Disability coverage
- Vision Care
- Travel Insurance
You can also choose additional coverage incentives for your team, such as adding a healthcare spending account (HSA)
to your plan for additional coverage or an Employee Assistance Plan (EAP) and telehealth.
Why Your Employee Benefit Plan Matters
Put simply, providing benefits such as group insurance plans is good for your employees and good for your business. Group benefits are a smart decision for any company:
- A healthy team: Employees who have access to the health care take fewer sick days, so your business operations run more smoothly.
- Happy employees: Offering health benefits shows you respect and care about your team, creating a positive work environment that employees value deeply.
- Increased productivity: According to Oxford University, happy and healthy workers are almost 15% more productive.
- Valuable talent: Benefits packages are often the deciding factor for job applicants, helping you attract talented professionals who bring significant value to your business.
- Cost savings: Considering the financial cost of staff turnover and training new employees, investing in group benefits to prevent your most valuable players from seeking work elsewhere can save you money.
When you invest in health insurance for your employees, you’re also investing in your company’s health.
Providing access to high-quality insurance coverage for staff even reflects well on your brand on social media.
Does Your Business Need Group Benefits Insurance?
Great employee benefits are an essential feature that helps you stand out from competitors.
Building a close-knit team may even be part of your brand’s core identity. Group health insurance is an excellent investment for a variety of businesses:
- Small businesses
- Startups
- Companies with a large volume of employees
- Businesses struggling to attract or retain talent
- Companies looking to upgrade their benefits plan with features modern employees want
At EasyInsure, we help businesses in a wide range of industries to find the right fit for group insurance coverage,
including manufacturers, retailers, sales and marketing companies, universities, banks, residential and commercial construction teams, and many others.
The EasyInsure Approach: How Our Customized Group Benefits Insurance Helps Your Business
Let us put together a customized package for your business that covers your objectives completely.
Competitive Pricing
We partner with multiple insurance companies so we can help your business find the right blend of coverage at the best price.
Our team also offers recommendations that can help you save money without sacrificing benefits your employees care about.
Friendly Assistance
We know that choosing employee benefit plans can be a complicated endeavor for businesses of any size.
We’re happy to answer your questions, streamline the process and design the ideal package for your business.
Expertise You Can Trust
At EasyInsure, we’ve helped companies with group benefits and business insurance for more than 15 years.
Our industry experts have an excellent reputation because they go the extra mile and design solutions that work.
Flexible Coverage Options
Our customized employee benefits packages can offer far more than basic health insurance coverage.
We can coordinate your business’s short- and long-term disability insurance or add valuable extras
such as group life insurance, prescription drug benefits, overseas/international travel coverage, and other employee assistance.